Question 1 ACCOUNTS PAYABLE 14,500.00 ACCOUNTS RECEIVABLE 7,500.00 CAPITAL STOCK 20,000.00 CASH 21,000.00 CONSULTING REVENUE 18,000.00 OFFICE EQUIPMENT 13,000.00 OFFICE SUPPLIES 500.00 RENT EXPENSE 9,000.00 UTILITIES EXPENSE 1,500.00 Instructions Above is a list of balances for Steel Works Construction as at 31st December 2023. The following additional information was provided: 1. Depreciation Charge on Office Equipment is $1,000 2. All Office Supplies were used during the period. 3. Rent Expense includes $2000 for January 2024 4. $300 was still owing on Utilities Expense You are required to prepare the adjusted Trial Balance for Steel Works Construction as at 31st December, 2023

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Question 1
ACCOUNTS PAYABLE
14,500.00
ACCOUNTS RECEIVABLE
7,500.00
CAPITAL STOCK
20,000.00
CASH
21,000.00
CONSULTING REVENUE
18,000.00
OFFICE EQUIPMENT
13,000.00
OFFICE SUPPLIES
500.00
RENT EXPENSE
9,000.00
UTILITIES EXPENSE
1,500.00
Instructions
Above is a list of balances for Steel Works Construction as at 31st December 2023.
The following additional information was provided:
1. Depreciation Charge on Office Equipment is $1,000
2. All Office Supplies were used during the period.
3. Rent Expense includes $2000 for January 2024
4. $300 was still owing on Utilities Expense
You are required to prepare the adjusted Trial Balance for Steel Works Construction as
at 31st December, 2023
Transcribed Image Text:Question 1 ACCOUNTS PAYABLE 14,500.00 ACCOUNTS RECEIVABLE 7,500.00 CAPITAL STOCK 20,000.00 CASH 21,000.00 CONSULTING REVENUE 18,000.00 OFFICE EQUIPMENT 13,000.00 OFFICE SUPPLIES 500.00 RENT EXPENSE 9,000.00 UTILITIES EXPENSE 1,500.00 Instructions Above is a list of balances for Steel Works Construction as at 31st December 2023. The following additional information was provided: 1. Depreciation Charge on Office Equipment is $1,000 2. All Office Supplies were used during the period. 3. Rent Expense includes $2000 for January 2024 4. $300 was still owing on Utilities Expense You are required to prepare the adjusted Trial Balance for Steel Works Construction as at 31st December, 2023
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